Annual report pursuant to Section 13 and 15(d)

Other Current Assets

v3.5.0.2
Other Current Assets
12 Months Ended
Jun. 30, 2016
Other Assets [Abstract]  
Other Current Assets

4. Other Current

     Assets

Other current assets are comprised of:

 

         
June 30,   2016   2015
         
Other receivables   $ 484,845     $ 2,037  
Prepaid insurance     48,801       41,660  
Employee advances     32,634       11,650  
Other current assets     37,298       16,797  
    $ 603,578     $ 72,144  

 

 

Approximately $470,000 of other receivables at June 30, 2016 relates to a receivable collected by a vendor that was due the Company at June 30, 2016. This receivable was collected by the Company in August 2016.